
Email marketing has proved to be an easy and cost effective way to establish and maintain long-lasting relationships with your customers and prospects. The tools available to marketers today provide not only a better subscriber experience, but also new opportunities to build value. Effective email marketing caters to the needs and preferences of your customers and provides timely information. Doing so develops trust and opens the door to two-way communications (positive and negative). Using the information you gain from your subscribers also enables you to better serve their ongoing needs and leverage your message to satisfy your customer’s motivation for subscribing.
Here are tips to effectively acquire, retain and build value with your email marketing program.
Acquire: Make the first impression count
Any successful marketer will tell you that if you want to build a good quality list, get permission from the people on it. If you plan to ignore this step, be prepared for failure. I can’t stress the importance of this step enough - without it there is little or no retention or trust.
If you want your list to grow, simplify the registration process. Refrain from asking for information you’ll never use or need. Once you have a well thought out opt-in form, strategically place it at all your customer touch points, both on-line and off-line. Simply placing a sign up box on each page of your website is a good start.
Once you have permission, send a welcome message immediately and make your first introduction. It’s just like meeting someone for the first time in person, so make your first impression count. Be brief, shake hands and build anticipation for the next email. “Thank you for signing up! Be sure to keep an eye on your inbox for our next email.” Don’t use this message to “hard sell.” You wouldn’t get down on your knee and propose to someone right after you met them, so don’t ask for anything at this point - just introduce yourself.
Don’t fall into the trap of thinking quantity over quality. The quality of your list, not the quantity, produces the best results. For inactive subscribers who have not generated any clicks or opens over the past year, try an outreach campaign to see if they’re still there or still interested, and remove those who don’t respond. This will boost your metrics and allow you to concentrate on building long-term relationships with those who engage.
Retain: Build trust
The cost to engage with an existing customer is significantly less than acquiring a new one. It’s critical to live up to the promises you’ve made to your subscriber or you will quickly erode the customer’s trust. Be diligent in respecting the subscriber’s preferences you’ve worked so hard to gather. If a subscriber requests to receive an email once a month, refrain from sending irrelevant offers every week.
Get to know your subscribers better by collecting more information if you didn’t obtain it on the primary sign up form. The more you know about your customer, the more you can tap into their desires and tendencies. Keep in mind that customers are looking for “what’s in it for me” and will gladly serve up personal information if it means getting something in return, so be sure to customize your forms to gather preferences. Over time as the relationship grows stronger, you’ll be able to leverage your message and satisfy the customer’s motivation for subscribing.
Keep a close eye on your frequency, content and types of communications you send. Don’t overburden the recipient by sending too often, and don’t wait three months to send either.
Build Value: Listen to your customers
Getting permission from subscribers and gathering their preferences are both important. Now it’s up to you to listen to your customers and study their responses to build value in the campaigns you send. Campaigns targeted to segmentations by preferences are proven to build stronger and longer-lasting relationships with customers.
It’s all about sending the right message, at the right time, to the right person. Doing this will not only meet your customer’s expectations but consistently exceed them and create a customer for life.